2012-12-02
2012-12-10
x schwab
x russia

STATION
CNNW 2
CNBC 1
MSNBCW 1
LANGUAGE

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talking about every morning here since the election. fiscal cliff, big, big issue. there are now, it seems, growing numbers of people on both the right and the left who would like to see us just go over that fiscal cliff. how big of a problem would that be? >> that would be a big problem. i actually still believe that those -- the democrats, the administration, republicans in the final analysis don't want to see that happen. they do understand that not only would that present a problem in the near term as we went over the cliff at the end of the year, but we still then have the whole debt ceiling fight that would transpire shortly into the new year. the issue isn't simply the negative result of going over the cliff, but it's also that business, consumers, everybody continues to hold back on the uncertainty. and we believe the economy is pretty well positioned potentially in 2013 if we can put this behind us. so i think a lot of what's going on is what you would expect to see in this negotiation, very public negotiation, which is not the best way to do it. i think at some point, the preside

a pretty dramatic shift since the election, and certainly i salute him for doing this, he actually is very engaged with the business community. and i'm not hearing the sort of things from top ceos and business leaders today that i heard the first four years. maybe -- maybe he's leaning in here and trying to rebuild a relationship with some of these people who supported him in '08. >> and i think it goes both ways. i think the business community views this deficit thing as the biggest problem that we can solve that we need to solve. there's something called a campaign to fix the debt, which i'm on the steering committee, 120 leading ceos from everything from general electric to jpmorgan on down. really committed to doing something and accepting the idea that revenues have to go up, not ideological about how, but most of all, wanting a big $4 trillion package. and so they have become, in effect, allies of the president. they're really trying to get to the same place. at some point there may be differences over how much entitlements, how much this or that, but right now their interests are al

? he was just re-elected. why couldn't he put together a package, a deal to avoid this disaster? >> i think this is a question of political leadership. and as that poll showed, there's no doubt that the president has the political advantage going into this. but at some point, and i think we're kind of getting close to it, the president has to be able to pivot and to say how do i turn this political advantage into a real policy accomplishment? and, wolf, i don't think you're going to do that with continued campaign style events like we just saw meeting with middle class families. okay. we get that. that occurred during the campaign. the white house has clearly gotten its message out. i think now there has to be a next step. you know, timing is everything in politics. and this is absolutely no different. what i'm getting from talking to some democrats on the hill is i think there's actually a lot of pent up anger and frustration among democrats how they feel republicans were obstructionist for the last four years. there's a little bit of payback going on here. they've got the advantage.

elections taking place in japan on the 16th and south korea on the 19th of this month. well within the range of this test that is scheduled to come in the coming days. influencing their neighbors and influencing politics and testing new ground with what would a second-term approach be with obama. bill: this is what we believe to be the ultimate range. 5,000 to 6,000 kilometers. 3,700 miles. china to the west here. in japan well within range of north korea were to be successful in developing this launch mechanism. here is hawaii. that's outside the range of the 6,000 kilometers. the question then begs how realistic is it that north korea would be a threat to the united states? >> through pro live raig they could be a threat to the united states. and if they were to hit our allies in the near range. in the south and also japan. those are the near-term risks. but proliferation could occur at any time. they were able to reach to hawaii ... bill: history shows they are not very good at this. are they getting better? >> only more tests will tell. you are correct history has shown it's been embarra

will get us jobs. >> your fellow georgian and your fellow republican saxby champ business who is up for re-election, he has committed himself to working with the democrats, to try to resolve some of the critical tax and spending issues. do you think he's played a constructive role here? >> well, what i do know is that what the voters on november 6th said is that we don't want ruling by one party. we want divided government. what they said is go back to washington and get to work. provide appropriate leadership and solve these challenges. so whether it is what is happening over in the senate or in the white house right now, i don't see the kind of leadership coming out of -- >> so back to saxby chambliss, sir, i'm not hearing praise. am i to read between the lines in what you're not saying is what you're saying? >> no, look, this takes two to tango. and we don't have the other side tangoing. you can't dance by yourself. when you do, it doesn't work. doesn't look very pretty. we need the administration to engage in a positive way, not a negative the way they are now. >> will you mount a primary chall

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